Statoil to develop find near Gullfaks South

By OGJ editors
HOUSTON, Feb. 9
-- Statoil plans to develop a gas and condensate discovery in the Norwegian North Sea via tieback to facilities on nearby Gullfaks South field.

The 34/10-53 S well confirmed about 300 m of gas pay in the Middle Jurassic Brent Group. The Odfjell Drilling Deepsea Atlantic semisubmsersible rig drilled the well to 3,847 m vertical depth below sea level in 136 m of water.

The well, 2 km west of Gullfaks South in an area called Rimfaks Valley, bottomed in the Early Jurassic Statfjord formation, which yielded no hydrocarbons.

Statoil did not formation-test the well. It estimated recoverable oil equivalent hydrocarbons at 19-75 million bbl.

Statoil said the rig will plug the discovery well and drill a sidetrack, 34/10—53 A, to test a Brent Group prospect called Opal west of Rimfaks Valley.

Statoil, operator, holds a 70% interest in the licenses, PL050 and PL050B. Petoro holds 30%.



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